Is Haverhill, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Haverhill is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Haverhill has remained a Seller's Market.

Key Takeaway

Haverhill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Haverhill, MA

How much do homes in Haverhill, MA cost?

Median Sold Price

$520,000

$300/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$42,533(+8.9%)

Key Takeaway

Homes in Haverhill have sold for 8.9% more than they did a year ago.

Summary: The median home sold price in Haverhill was $520,000 in November 2024, up 8.9% from last year, and the median price per square foot was $300.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $230.7K$267.5K
+15.9%
2 $370K$400K
+8.1%
3 $500K$525K
+5.0%
4 $570K$625K
+9.6%
5+ $672.5K$695K
+3.3%

Summary: Haverhill housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.9%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 3.3%.

Median Sold Price Compared To Nearby Cities

West Newbury
+20.8%
Merrimac
+11.9%
Haverhill
+8.9%
Groveland
+3.7%

Housing Supply in Haverhill, MA

How many homes are available in Haverhill, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
196168-14.3%

Summary: The Haverhill real estate market had 168 homes for sale in November 2024, a 14.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 44
0.0%
2 4953
+8.2%
3 7959
-25.3%
4 3026
-13.3%
5+ 3426
-23.5%

Summary: The Haverhill housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.2%, 3 bedroom homes decreased by 25.3%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes decreased by 23.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
6558-10.8%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

39 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Haverhill, you could pay more than the asking price. 67.2% of homes here sold above asking price last month.

Summary: A total of 58 homes were sold or pending in Haverhill in November 2024, down by 10.8% month-over-month. Of the 58 sold homes, 24% were sold under asking, 9% were sold at asking, and 67% were sold over asking.

Days on Market for Haverhill, MA

How long does it take to sell a home in Haverhill, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
15 Days25 Days+64.6%

Summary: Homes in Haverhill had an average of 25 days on market in Nov 2024, up by 64.6% compared to last year.

Breakdown of Home Sale Times

43 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Haverhill are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 58 homes were sold in Haverhill; 74% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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